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accounting News

Danish Tax Agency Overhaul Complete

by Ulrika Lomas,, Brussels

Wednesday, July 4, 2018

An administrative overhaul of Denmark's tax authority was instituted on July 1, with a series of new specialized boards becoming operational. Read Full Story


Germany, France Issue New EU Common Corporate Tax Proposals

by Ulrika Lomas,, Brussels

Tuesday, June 26, 2018

France and Germany have put forward new proposals for a common corporate tax base in Europe. Read Full Story


EU May Simplify VAT Rules For SMEs Earlier, Starting 2020

by Ulrika Lomas,, Brussels

Friday, May 11, 2018

The EU's Committee on Economic and Monetary Affairs has recommended that the implementation of proposals to significantly simplify value-added tax compliance obligations for small and medium enterprises should be brought forward to the beginning of 2020. Read Full Story


Ireland Introduces New Sugary Drinks Tax

by Jason Gorringe,, London

Thursday, May 3, 2018

Ireland's new sugar-sweetened drinks tax launched on May 1. The tax agency has released updated guidance on how businesses should comply with the measure. Read Full Story


EU VAT Cooperation Proposals To Be Amended

by Ulrika Lomas,, Brussels

Friday, April 27, 2018

The European Parliament's Committee on Economic and Monetary Affairs has requested a number of changes to the EU Commission's proposals for enhanced administrative cooperation in value-added tax matters, according to a document released on April 23, 2018. Read Full Story


Irish Knowledge Development Box Off To A Slow Start

by Jason Gorringe,, London

Tuesday, May 1, 2018

Fewer than 10 companies have claimed tax relief under Ireland's new Knowledge Development Box, the Finance Minister has said. Read Full Story


UK Consults On Reform Of Gaming Duty Compliance Rules

by Jason Gorringe,, London

Thursday, April 12, 2018

On April 9, 2018, the UK Government launched a consultation on reform of compliance obligations for those liable to gaming duty. Read Full Story


IRS Reports Uptick In Advance Pricing Agreements

by Mike Godfrey,, Washington

Friday, April 6, 2018

The US Internal Revenue Services has released its annual report on the number of advance pricing agreements and applications and made during the 2017 calendar year. Read Full Story


South Africa Increases VAT Rate To 15 Percent

by Lorys Charalambous,, Cyprus

Monday, April 2, 2018

On April 1, 2018, South Africa increased its value-added tax rate to 15 percent from 14 percent. Read Full Story


Ukraine Wins Praise For New Corporate Tax Reform Plans

by Ulrika Lomas,, Brussels

Monday, March 26, 2018

Ukraine's announcement that it will shift the corporate tax burden from company profits to distributions has been welcomed by investors from Europe. Read Full Story



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